In 2023, the Pure Biodiesels Energy Supply in the UK stood at 16.0 Thousand Gigawatthours. Looking at the forecasted data from 2024 to 2028, we observe a steady increase in the supply values: 16.76 in 2024, 17.5 in 2025, 18.23 in 2026, 18.94 in 2027, and 19.64 in 2028, all expressed in Thousand Gigawatthours. This represents a year-on-year variation of approximately:
- +4.75% from 2024 to 2025
- +4.17% from 2025 to 2026
- +3.9% from 2026 to 2027
- +3.7% from 2027 to 2028
The Compound Annual Growth Rate (CAGR) over the five-year forecast period (2024 to 2028) is around 4.27%, highlighting a consistent upward trend in biodiesel energy supply in the UK.
Future trends to watch for include technological advancements and regulatory policies promoting renewable energy, which could potentially accelerate growth. Additionally, shifts in consumer preferences towards greener energy solutions and international market dynamics could further influence supply trends.
